Vivi Corporation had net income of $400,050 in 2015. The Company's common Stock balance all year long was $267,000 ($10 par stock). The market price...

Vivi Corporation had net income of $400,050 in 2015. The Company's common Stock balance all year long was $267,000 ($10 par stock). The market price per share was of December 31, 2015, was $33.50. Calculate the price-earnings ratio for 2015.